Sleeping money doesn’t produce, and that’s something men understand. It was in our grandparents’ time that to save money, they kept part of their income in boxes under the bed. Although the money was kept and could be used later, it did not produce any wealth during its “rest” period. Today, by putting your savings in the bank instead, you can already make them grow over a long period of time thanks to the interest they will generate. But that’s not all. By choosing to invest in real estate, you will be amazed at the many opportunities and advantages you will have.
New or old?
In real estate, you have the possibility to invest in a new or old property. A new property is a newly constructed building that meets more of today’s needs than an old one. It has been built using more advanced techniques and more resistant materials. In addition, it complies with environmental standards and thermal regulations.
The main advantage of investing in an old property is linked to the nature of the property. For the investment to be profitable one day, the property must have a singular history or considerable economic potential. On the other hand, investment in a new property offers many economic advantages from its acquisition through its operation or resale. Thanks to the Pinel and Censi-Bouvard laws, for example, you will benefit from income tax reductions and incentive programs for new rental investments.
Rental investment
By making a rental investment, you are building up a real economic resource. In addition to the savings linked to the tax reductions you will make, you guarantee your retirement thanks to the rents you receive. For the price of the rent to be interesting, you must choose the location of your property and your clientele carefully. In order to benefit from the advantages offered by the Censi-Bouvard law, your project must be for the rental of service or dependent residences for students and the elderly.
Investing in the country or abroad?
No matter where you are, it is possible to invest in real estate in your country or abroad. But before you start, you should find out about the target country. It is best to invest in a stable country where the political and economic situation is predictable. This will allow you to forecast your income and better plan your investment. Above all, find out about the legislation governing the acquisition of property and the possibility of taking out a home loan.
Whether you live in France or not, the best solution to invest in new property in the country is to go through Spirit Immobilier. Specialized in real estate construction for more than 40 years, the company offers you many real estate plans. You can either buy directly a new construction or invest in one of their many projects.
Investing in real estate is good, investing in new real estate is even better. Contact Spirit immobilier and you won’t be disappointed!
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